Also. . .

* Sunbeam Corp. said its third-quarter loss narrowed to $47.4 million, or 47 cents a share, from a loss of $188.9 million, or $1.88, a year ago, as revenue jumped 21% to $601.6 million. Analysts were expecting a loss of 28 cents. Sunbeam also said it plans to sell its Eastpak backpack unit to raise about $200 million to reduce its $2.3 billion in debt stemming from acquisitions last year. The year-ago results include a charge of about $96 million, or 95 cents a share, to reduce the value of excess inventory and settle a lawsuit by Ronald Perelman, Sunbeam’s second-largest shareholder. Shares in Boca Raton, Fla.-based Sunbeam rose $1.31, or 29%, to close at $5.81 on the NYSE.